Suburb Profile Report for Berala NSW (2141)

Berala House: Median price $881,000, Annual capital growth 7.67%, Number of sales 51, Weekly median advertised rent $495

Berala Unit: Median price $495,000, Annual capital growth 5.41%, Number of sales 26, Weekly median advertised rent $390

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Investment property in Berala has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.20%

If we look at median property appreciation over just the last three months, Berala has given property investors a paper return of 3.65%. This puts Suburb as 333 on a list of fastest fasting appreciating suburbs in NSW

Our latest figures would indicate that property sellers in Berala are currently offering property investors an average price cut of -6.56% below the asking price at the moment.

At number 875 in a list of fastest selling suburbs, Berala is in the TOP 30% of suburbs in Australia with an average of days on market 59.2 for properties listed there.

At number 466th in the list of Australian suburbs ordered by increase in median house value over the last year, Berala, 2141 is in the top 40% with a property value increase of 5.84% recorded in median house prices.

The five-year average increase in median property values for Berala,2141 has given property investors a potential capital gain of 10.00% across each of those five years.

The most recent median price for Berala is $495000, with sellers offering an average of -7.44% off the asking price.

Property investors should expect to get $390 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$881,000 $495,000
3.65% 10.99%
4.20% 5.84%
7.67% 5.41%
$495 $390
51 26
2.92% 4.10%
59.2 110.105263157895

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 8798
Median household income ($/weekly) 1012
Median age of persons 33
Median housing loan repayment ($/monthly) 1755
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 1159 13.2
    25-34 years 1421 16.1
    35-44 years 1095 12.4
    45-54 years 1233 14.0
    55-64 years 955 10.9
    Others 2936 33.4
    Age Group
    Census Count Percent(%)
    Registered Married 3370 51.0
    Not Married 3016 45.6
    Defacto Relationship 226 3.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 3458 41.7
    Croatia 1131 13.6
    Philippines 202 2.4
    Viet Nam 792 9.6
    Other 1015 12.2
    Others 1691 20.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 1411 17.3
    Christianity 3514 43.0
    Hinduism 316 3.9
    Islam 1473 18.0
    No Religion 1360 16.7
    Others 92 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 293 12.1
    $600-$799 268 11.1
    $800-$999 251 10.4
    $1,000-$1,249 241 10.0
    $1,500-$1,999 282 11.7
    Others 1079 44.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2858 43.3
    Employed, worked full-time 2172 32.9
    Employed, worked part-time 981 14.9
    Unemployed, looking for work 368 5.6
    Employed, away from work 226 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 605 17.9
    Technicians & trades workers 563 16.7
    Clerical & administrative workers 515 15.3
    Machinery operators & drivers 322 9.5
    Labourers 514 15.2
    Others 856 25.4
    Occupation
    Census Count Percent(%)
    Pre-school 131 5.6
    Infants/Primary 671 28.9
    Secondary 640 27.6
    Technical or Further Educational Institution 281 12.1
    University or other Tertiary Institutions 467 20.1
    Others 131 5.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5134 61.0
    Flat, unit or apartment 1902 22.6
    Semi-detached, row or terrace house, townhouse 1378 16.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 984 37.5
    Fully owned 914 34.8
    Being purchased 715 27.2
    Other tenure type 12 0.5
    Tenure Type
Census 2011, ABS
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